ULTIMUS MANAGERS TRUST¹

AMENDED APPENDIX A

DATED JULY 31, 2024

TO THE

MULTIPLE CLASS PLAN PURSUANT TO RULE 18F-3

(As Amended and Restated on August 23, 2022)

Fund	Classes
Adler Value Fund	Institutional Class
Blue Current Global Dividend Fund	Institutional Class
Blueprint Adaptive Growth Allocation Fund	Investor Class
	Institutional Class
Evolutionary Tree Innovators Fund	I Class
	A Class
HVIA Equity Fund	Institutional Class
Kempner Multi-Cap Deep Value Fund	Investor Class
	Institutional Class
Lyrical U.S. Value Equity Fund	Investor Class
	Institutional Class
	A Class
	C Class
Lyrical International Value Equity Fund	Investor Class
	Institutional Class
	A Class
	C Class
Q3 All-Season Systematic Opportunities Fund	C Class
	Institutional Class
Q3 All-Season Tactical Fund	C Class
	Institutional Class
Westwood Quality Value Fund	A Class
	C Class
	Institutional Class
	Ultra Class
Westwood Quality SmallCap Fund	A Class
	C Class
	Institutional Class
	Ultra Class

Westwood Alternative Income Fund	A Class
	C Class
	Institutional Class
	Ultra Class
Westwood Income Opportunity Fund	A Class
	C Class
	Institutional Class
	Ultra Class
Westwood Multi-Asset Income Fund	A Class
	C Class
	Institutional Class
Westwood Quality SMidCap Fund	Institutional Class
	Ultra Class
Westwood Quality AllCap Fund	Institutional Class
	Ultra Class
Westwood Quality MidCap Fund	Institutional Class
Westwood Global Real Estate Fund	A Class
	C Class
	Institutional Class
Westwood Real Estate Income Fund	A Class
	C Class
	Institutional Class
Westwood Broadmark Tactical Growth Fund	A Class
	C Class
	Institutional Class
Westwood Salient MLP & Energy Infrastructure Fund	A Class
	C Class
	Institutional Class
	Ultra Class
Westwood Broadmark Tactical Plus Fund	A Class
	C Class
	F Class
	Institutional Class

¹ The following series of the Trust are not included in this Plan, because such series have not designated a Class of Shares:

· Marshfield Concentrated Opportunity Fund;

· Meehan Focus Fund;

· Nia Impact Solutions Fund;

· Wavelength Interest Rate Neutral Fund;

· Westwood Salient Enhanced Energy Income ETF; and

· Westwood Salient Enhanced Midstream Income ETF.